Loss aversion can cause individuals to hoard cash or avoid healthy debt, such as a reasonable mortgage for a stable home investment.

Authors

• Person: Not available Organization: Verified Investing
  Behavioral Economics: Everyday Biases That Shape Money Choices

Sources

• Behavioral Economics: Everyday Biases That Shape Money Choices verifiedinvesting.com Verified Investing via serper

Referenced by nodes (3)

• mortgage concept
• Loss aversion concept
• debt concept